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Friday 10 May 2024
Biden set to impose tariffs on China EVs, strategic sectors
President Joe Biden's administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that's expected to target key strategic sectors while rejecting...
Friday 10 May 2024
Slow EV demand gives Magna double hit
Magna International's Austrian plant is experiencing a double hit resulting from the sluggish EV demand. An EV startup customer has filed for bankruptcy, and orders from legacy automakers...
Thursday 9 May 2024
Backed by robust profit, Toyota to invest JPY2 trillion in supply chain, EV, SDV
Toyota Motor reported hefty profit growth for the past fiscal year ending March 2024, thanks to booming hybrid EV sales and a weaker Japanese Yen. The automaker said it plans to invest...
Wednesday 8 May 2024
Infineon supplies SiC power modules to Xiaomi EV
Infineon Technologies will supply Silicon Carbide (SiC) power modules HybridPACK Drive G2 CoolSiC and bare die products to Xiaomi's EVs, including the recently announced SU7, until...
Tuesday 7 May 2024
Leapmotor reportedly to partner with Stellantis to sell EVs in India
Following investments from Stellantis in 2023, Chinese EV manufacturer Leapmotor is reportedly preparing to enter the Indian market. However, the company's plans could encounter obstacles...
Tuesday 7 May 2024
Huawei's supercharging alliance to push for international standard
Huawei aims to install 100,000 charging piles in China in 2024.
Tuesday 7 May 2024
Speculation arises about Apple exploring collaboration with EV startup
Speculation has surfaced among supply chains that Apple is studying the possibility of working with an Electric Vehicle (EV) startup company.
Monday 6 May 2024
Toyota, Tata Motors positioned to benefit from hybrid auto boom
A rapidly growing, global market for hybrid electric vehicles should power earnings at major Asian automakers including Japan's Toyota Motor Corp. and India's Tata Motors Ltd.
Friday 3 May 2024
Trade war likely drives up European, US consumers' interest in Chinese EV
While the European Union and the US have imposed many restrictions on China-made EVs, the measures seem also to benefit Chinese carmakers. European and US consumers have become more...
Thursday 2 May 2024
Meredot enables simultaneous wireless charging for diverse micromobility vehicles, robots
How will people live 30 years from now? From the perspective of startup Meredot, wireless charging will become part of our daily lives.
Thursday 2 May 2024
Hyundai, Kia partner with Baidu for Chinese connected car market
Hyundai Motor and its affiliate Kia view software as a crucial element of their future development. The pair targets China's fast-growing connected vehicle market and will collaborate...
Tuesday 30 April 2024
Samsung beefing up power semiconductor capabilities for AI super cycle
Samsung Electronics has been ramping up its power semiconductor development team and is considering expanding its production capacity. This move aims to meet the anticipated surge...
Tuesday 30 April 2024
Premium market, EV exports likely to drive BYD's sales
Chinese EV giant BYD saw weaker revenue and profit growth in the first quarter of 2024.
Tuesday 30 April 2024
Flexium upbeat about automotive demand
Flexible printed circuit (FPC) specialist Flexium Interconnect has expressed optimism about demand for automotive applications in the long run, believing the worst has passed.
Tuesday 30 April 2024
Hyundai, Kia report record-high 1Q24 revenue under EV headwind
Hyundai Motor and Kia achieved outstanding financial performance in the first quarter of 2024 while facing challenges such as soft battery EV growth, high interest rates, and geopolitics...